$1,050,000
$1,100,000
4.5%For more information regarding the value of a property, please contact us for a free consultation.
205 Show PL Belgrade, MT 59714
4,000 SqFt
Key Details
Sold Price $1,050,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,000 sqft
Price per Sqft $262
MLS Listing ID 22205833
Sold Date 05/27/22
HOA Y/N No
Year Built 1994
Annual Tax Amount $4,167
Tax Year 2021
Lot Size 8,712 Sqft
Acres 0.2
Property Sub-Type Quadruplex
Property Description
Remarks: Investment opportunity in Montana's rapidly growing city of Belgrade in the Gallatin Valley. This quadruplex features four 1,000 sq. ft., 2-bedroom, 1-bathroom units. All units are rented and tenants are paying all utilities and market rent amounts in the month-to-month leases. Property is in great condition and located directly across from Belgrade schools. Super low overhead allows for 6.4% CAP rate at list price which is high for our present market conditions. This 4-Plex is perfectly set up for you to easily take over; 1031 Like-Exchange Buyers are welcome. Curious on becoming a real estate investor, ask your accountant about how owning rentals can be a tax shelter. Also, ask your lender how you can purchase the 4-plex for your own residence with the accompanying 3 rental units.
Location
State MT
County Gallatin
Zoning R3
Interior
Interior Features High Speed Internet
Heating Forced Air, Gas
Fireplace No
Appliance Dishwasher, Disposal, Refrigerator
Exterior
Parking Features Paved
Utilities Available Electricity Available, Electricity Connected, Natural Gas Connected, Sewer Available, Separate Meters, Water Not Available
Waterfront Description None
View Residential
Building
Lot Description Few Trees, Level
Entry Level Two
Foundation Other
Level or Stories Two
Others
Tax ID 06090301207310000
Security Features Carbon Monoxide Detector(s),Fire Alarm,Fire Sprinkler System,Smoke Detector(s)
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with the MLS